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December 2020

Consumer Use Tax 101: A Hidden Risk for Manufacturers

December 9 @ 13:00 - 14:00 CST

Your business makes a purchase and you notice the seller doesn’t collect sales tax. So it must be tax free, right? Wrong. Consumer use tax may still apply, and if you’re not actively tracking use tax obligations, you could be making a costly mistake. Put simply, use tax is owed on a purchase when the seller does not collect sales tax, or when the use of the product/service (or the location of consumption) results in more tax being owed. Sound…

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